Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

3
Posts
1
Votes
Adam Klyvert
1
Votes |
3
Posts

Wholesale Real state the right way?

Adam Klyvert
Posted

Good afternoon all,

My first post was about being new to REI, and my decision to go the route of wholesale. Reason being is a lack of funds to use for a "buy and hold" or "fix and flip" strategy. So I chose this strategy not because it seemed easy, just accessible. After fully immersing myself in the world of Real Estate investing, I've spent the last 2 weeks researching, reading, watching podcasts. Most importantly I paid close attention to the legal and ethical issues involved. Opinions on both sides of the fence, And it occurs to me that there is a fine line between doing it the right way, and possibly ending up with a cease and decist order or worse. So what have I learned so far in my journey into this new discipline? For starters All of my deals will be through double closings. I am currently building a cash buyers list so as not to risk tying up a property only to not close in the end. I will be getting a Broker's license, just to ensure I stay on the "legal" side of the fence. If anyone reading this has any suggestions I am open to all

Loading replies...